Denali Advisors LLC Sells 32,495 Shares of Albertsons Companies, Inc. $ACI

Denali Advisors LLC cut its holdings in Albertsons Companies, Inc. (NYSE:ACI) by 71.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,080 shares of the company’s stock after selling 32,495 shares during the quarter. Denali Advisors LLC’s holdings in Albertsons Companies were worth $225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Carlson Capital L.P. grew its stake in shares of Albertsons Companies by 6.4% in the fourth quarter. Carlson Capital L.P. now owns 50,000 shares of the company’s stock worth $858,000 after purchasing an additional 3,000 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Albertsons Companies by 44.2% in the fourth quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock worth $76,000 after purchasing an additional 1,353 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Albertsons Companies by 7.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 118,901 shares of the company’s stock valued at $2,042,000 after acquiring an additional 7,731 shares in the last quarter. Vanguard Group Inc. boosted its position in Albertsons Companies by 14.9% during the 4th quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock valued at $675,305,000 after acquiring an additional 5,110,777 shares in the last quarter. Finally, NBC Securities Inc. boosted its position in Albertsons Companies by 91.2% during the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after acquiring an additional 885 shares in the last quarter. 71.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ACI shares. Citigroup cut their price objective on Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Morgan Stanley reaffirmed an “underweight” rating and set a $14.00 price objective (down from $20.00) on shares of Albertsons Companies in a research report on Thursday, January 15th. JPMorgan Chase & Co. cut their price objective on Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 price objective on shares of Albertsons Companies in a research report on Monday, April 6th. Finally, Weiss Ratings cut Albertsons Companies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Albertsons Companies currently has an average rating of “Hold” and an average price target of $21.31.

Albertsons Companies Price Performance

ACI stock opened at $16.05 on Monday. The firm has a 50 day moving average price of $17.08 and a 200-day moving average price of $17.46. Albertsons Companies, Inc. has a 52-week low of $15.80 and a 52-week high of $22.78. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 50.14, a PEG ratio of 1.83 and a beta of 0.43. The company has a debt-to-equity ratio of 4.58, a quick ratio of 0.20 and a current ratio of 0.86.

Albertsons Companies (NYSE:ACI) last released its earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The firm had revenue of $20.25 billion during the quarter, compared to analyst estimates of $20.49 billion. During the same period last year, the business earned $0.46 earnings per share. The business’s revenue was up 7.7% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. Equities research analysts forecast that Albertsons Companies, Inc. will post 2.11 EPS for the current fiscal year.

Albertsons Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 24th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, April 24th. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a dividend yield of 4.2%. Albertsons Companies’s dividend payout ratio (DPR) is 212.50%.

Albertsons Companies Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.